Mississippi sports betting market recovers in June

Revenue from Mississippi’s regulated sports betting market increased by 35.4% month-on-month in June, despite the state seeing a 12.7% decline in amounts wagered.

Sports betting revenue amounted to $1.6m (£1.3m/€1.4m), compared to $1.2m in May, but the collective handle for the state’s central, coastal and northern regions slipped from $17.4m to $15.2m, according to figures from the Mississippi Gaming Commission.

Coastal casinos were once again the main source of income, generating $709,901 from $9.0m in wagers – a win percentage for the casinos of 7.90%. Revenue was up month-on-month from $626,283 in May, but wagers were down from $11.0m.

Baseball remained the most popular sport to bet on at coastal casinos – mainly due to North America’s Major League Baseball season currently being in full swing – with consumers spending $5.8m on betting. Basketball followed with $1.5m in total wagers for the month.

Read the full story on iGB North America.

Image: Ken Lund